9655 87TH Place S, Boynton Beach, FL 33472 — MLS photo

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9655 87TH Place S, Boynton Beach, FL 33472

Active · Commercial

$3,500,000

9655 87TH Place S, Boynton Beach, FL 33472

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
—
Lot size
—
HOA fee
—
Annual tax
$6,898

About this property

10 ACRE FARM IN PALM BEACH COUNTY AG RESERVE. THIS IS A RARE FIND WITH ALL THE IMPROVEMENTS ON SITE. WORKING TREE FARM AND NURSERY WITH AN EASY CONVERT TO EQUESTRIAN. POLE BARN, OFFICE, DOUBLE WIDE MOBILE HOME, AND A 5760 SQ FT WAREHOUSE. 5 MINUTES TO NEW POLO FARMS AND EQUESTRIAN TO THE EAST AND WEST.

Interior & exterior features

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  • Other
  • Water

Exterior features

  • Fence

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,883

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.3%
Gross yield
6.6%
Mortgage payment
$16,592/mo
Down payment
$875,000
Loan amount
$2,625,000
Annual NOI
$176,502

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.